accesso Technology Group (LON:ACSO) Share Price Passes Below 200-Day Moving Average – Here’s Why

accesso Technology Group plc (LON:ACSO)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 410.82 and traded as low as GBX 331. accesso Technology Group shares last traded at GBX 331, with a volume of 9,268 shares.

Analyst Ratings Changes

ACSO has been the topic of a number of analyst reports. Peel Hunt reaffirmed an “add” rating and set a GBX 435 price objective on shares of accesso Technology Group in a research note on Tuesday, November 25th. Berenberg Bank restated a “buy” rating and issued a GBX 550 target price on shares of accesso Technology Group in a report on Tuesday, September 9th. Finally, Shore Capital reiterated a “hold” rating on shares of accesso Technology Group in a report on Tuesday, September 9th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 520.

accesso Technology Group Price Performance

The company has a 50-day moving average of GBX 345.87 and a two-hundred day moving average of GBX 410.82. The company has a debt-to-equity ratio of 11.53, a current ratio of 1.80 and a quick ratio of 2.62. The stock has a market capitalization of £124.52 million, a PE ratio of 13.44, a P/E/G ratio of 1.22 and a beta of 1.41.

Insider Activity

In related news, insider Brian Nelson bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of GBX 348 per share, with a total value of £174,000. Corporate insiders own 35.99% of the company’s stock.

accesso Technology Group Company Profile

At accesso we believe technology has the power to redefine the guest experience. We provide solutions that empower our clients to create connected guest experiences to drive their business forward